2250 I Street NE, Auburn, WA 98002
- $900,000
- 3,000
- SqFt
Listing courtesy of RE/MAX Elite.
- List Price
- $900,000
- Status
- ACTIVE
- MLS#
- 2486776
- Days on Market
- 145
- Style
- 54 - 4-Plex
- Finished SqFt
- 3,000
- Area Total SqFt
- 3000
- Annual Tax Ammount
- 8616
- Lot Size (sq ft)
- 8,800
- Sewer
- Sewer Connected
Property Description
This fully rented fourplex offers an incredible opportunity for investors seeking steady cash flow in the heart of Auburn. Each of the four units features 2 bedrooms, 1 bathroom, and 750 sqft, appealing to a wide range of tenants. The property includes assigned parking for convenience and a community coin-operated laundry room for added income potential. Situated in a prime location near shopping, dining, and events, this investment is perfectly positioned for growth. Don't miss out on this turnkey rental property!
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Additional Information
- List Date
- 2026-03-04 03:48:10
- Community
- North East Auburn
- Net Operating Income
- $53,846
- Gross Scheduled Income
- $72,180
- Total Monthly Income
- $6,015
- Insurance Expenses
- $2,318
- Water/Sewer/Garbage Expenses
- $7,400
- Gross Rent Multiplier
- 12.47
- Total Expenses
- $18,334
- Cap Rate
- 6
- Total Number of Units
- 4
- Unit Name
- 2250
- Potential Terms
- Cash, Conventional
- Year Built
- 1978
- Roof
- Composition
- Energy Source
- Electric
- School District
- Auburn
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $6,015
- Gross Scheduled Income
- $72,180
- Tax Year
- 2026
- Insurance Expense
- $2,318
- W/S/G Expenses
- $7,400
- Total Expenses
- $18,334
- Net Operating Income
- $53,846
- Gross Rent Multiplier
- 12.47
- Cap Rate
- 6
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.